What do you think of universal basic income(UBI)? Is it necessary to ensure a minimum livelihood, or is it useless because it exacerbates the fiscal health of the government and reduces the labor supply? On June 27, Center for Free Enterprise held a seminar titled "The Political Economics of Basic Income" at the Open Hall. We had a fruitful discussion about the fallacies of pro-UBI arguments and the potential threats of basic income system.
